Yahoo Layoffs
December 2024
Yahoo announced a layoff affecting 0 employees in December 2024. The company operates in the Consumer sector.
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Dec 12, 2024
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Yahoo has laid off approximately 40 to 50 employees from its 200-person cybersecurity team, known as The Paranoids, since the start of 2024, representing about a 25% reduction. This includes the complete elimination of its internal red team, which simulated cyberattacks to test defenses, with those functions now being outsourced. The cuts are part of broader strategic adjustments under new CTO Valeri Liborski, aimed at focusing resources on critical security priorities. These layoffs follow a larger company-wide reduction of over 1,600 employees last year, reflecting ongoing restructuring efforts within the tech and media industry to improve profitability.
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